SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2021

SEGMENT AND GEOGRAPHIC INFORMATION

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 13 – SEGMENT AND GEOGRAPHIC INFORMATION

We consider our operations to be a single operating segment, focused on the design, manufacturing and sale of programming systems used by designers and manufacturers of electronic products.

Major operations outside the U.S. include sales, engineering and service support by subsidiaries in Germany as well as in China, which also manufactures some of our products.

The following tables provide summary operating information by geographic area:

	Year Ended December 31,
(in thousands)	2021			2020
Net sales:
U.S.	$	2,607		$	1,516
Europe		9,387			8,415
Rest of World		13,841			10,397
	$	25,835		$	20,328
Included in Europe and Rest of World are the following significant balances:
Germany	$	3,783		$	3,851
China	$	4,203		$	3,490
Operating income:
U.S.	$	257		($713)
Europe		(1,037	)		(1,698	)
Rest of World		507			(667	)
	$	(273	)	$	(3,078	)
Identifiable assets:
U.S.	$	15,840		$	13,858
Europe		5,638			5,878
Rest of World		7,579			5,856
	$	29,057		$	25,592